Continuation of the flat under the pressure of seasonal salesAnd so a difficult week is behind us, with overcoming the middle of the quarter. Against the background of positive factors, the week and the second half of the quarter opened above 2500, which provides market support and reduces the potential for decline. However, we have only come to a temporary consolidation of the market and it is too early to talk about a trend change to bullish. The final consolidation of the direction will take place in June. So far, the market has switched to seasonal sales from the 11th, as I warned about, and the bulls' task is to compensate for them. Technically, there is still a lot of potential for retest 2100-2150, which may happen in the coming week.
In an optimistic scenario, the new week will open above 2500. In this case, on Monday and Tuesday we will see insignificant sales again and the ether will not go below 2250 with a return to the hay in the second half of the week. In a more negative scenario, the week will open below 2500, in which case sales up to 2100-2150 are likely in the first half of the week, but with further purchases to 2500 due to the opening of the second half of the quarter above the level.
Today and tomorrow, there is a possibility of a wave of purchases, but I do not recommend keeping large-cap coins in operation, since seasonal sales in a negative scenario may last from mid-May to August, which will lead to their steady decline. Small-cap coins may show more significant growth impulses during this period.
We are also approaching the next assignment of the monitoring tag and delisting, which will have an additional impact on altcoins. So far, fantokens are in a good position, which successfully compensate for the drawdown of the altcoin index and are trying to grow, as they remain undervalued. I think they will remain interesting for speculators in the near future due to the drawdown of the rest of the altcoin market. ATM and city look the most interesting so far, which can continue to grow from their current positions, due to the lack of futures with active sales and the most oversold position. Under an optimistic scenario today and tomorrow, growth waves similar to acm are likely for them. Acm also has a high growth potential, but it may take time to accumulate with a retest probability of 0.75-90 before a new wave of purchases. Second of all, I am considering the alpine juv porto lazio. There is a possibility that binance will continue to add futures to fantokens every week, which will give new growth impulses.
In addition to fantokens, fio chess pivx adx quick, which remain in an undervalued position, can show a new wave of growth. I will be looking at them closer to the middle of the week.
Chess
#CHESS/USDT#CHESS
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0640, acting as strong support from which the price can rebound.
Entry price: 0.0642
First target: 0.0688
Second target: 0.0722
Third target: 0.0756
Tranchess (CHESS) formed bullish Gartley for upto 24.50% pumpHi, dear friends hope you are well and welcome to the new trade setup of Tranchess (CHESS) token wit Bitcoin pair.
Recently we caught more than 42% pump of CHESS as below:
Now on a daily time frame, CHESS has formed a bullish Gartley move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FIO is ready for the trendLarge-cap coins showed growth yesterday following the tops, and memcoin bullying is subsiding today, followed by a high probability of bullying in the remaining altcoin market. I expect the main day of growth tomorrow until Sunday afternoon, then the probability of a major pullback prevails until the middle of the new week.
Today, fio, which I considered for work in the first place, continues to accelerate growth. The main goal is to retest the key level of 0.025, which will open the way up to 0.50-75. We can see a repeated breakdown and consolidation above today. If the second half of the month opens above the level by June, the fio may move into the range of 0.045-60. With sufficient volatility, a test of this range is likely tomorrow.
After working fio and chess up to 60-90% from current levels as the most undervalued assets in finance today, quick adx pivx can be additionally considered for scalping. There is also a high probability of a new blizzard on atm city acm fantokens with new hays.
Good KOMA growth potentialAt the end of last week, I recommended keeping KOMA memcoin in mind as having a very high growth potential, as it is only at the development stage. Against the background of a new wave of growth in the second half of this week, we can expect much stronger growth. The minimum goal is to consolidate above the key level of 0.05, which will open the possibility of continuing the trend to the range of 0.075-100. With sufficient volatility, there is a chance of a breakdown immediately to the 0.1 test.
In addition to koma, I am considering chess and fio for work. Also on the weekend, a bul run on fantokens up to 3-5X atm city acm is likely.
Bull run over the weekend amid strong signals for market growthTo date, the crypt has been given a number of positive factors and the basis for a very stormy weekend.
Binance monitoring did not give a new assignment of the tag, which was immediately responded to by pivx, which I recommended for work. I think the holidays in China had an impact. In the new rules for assigning the binance tag, it obviously means the first working week of the month. Apparently, the assignment of the tag can be expected from Tuesday with the start of the working week in China.
This week, almost all important statistics on the United States came out negative, in addition to last week. For oil, the same picture is for purchases.
The combination of these factors sets the stage for an attempt at an annual turnaround of the crypt with disruptions to the tops. It's too early to talk about the consolidation of such a scenario before the second half of the month, but the signal itself for a possible trend for bitcoin at 210k and ether at 5000k+ sets the stage for a bull run on altcoins.
Due to this picture, a very stormy weekend is likely ahead, followed by a correction in tag assignment and a new wave of growth in the second half of the coming week.
This weekend, first of all, we can expect bull runs on fantokens, which remained the most oversold instruments after another delisting, which makes them extremely attractive to speculators. First of all, I am considering atm city acm asr. Their breakout potential is up to 3-5X, depending on volatility.
Among altcoins, bifi fio chess retains a good potential for breakouts of similar pivx. A repeated pulse on pivx can be considered already in the case of the start of a bull run. According to these coins, growth impulses of up to 50-70% are likely. Koma is also in an interesting position on binance alpha, which can show growth up to 0.050-75.
#CHESS/USDT#CHESS
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.870
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.00
First target 1.05
Second target 1.12
Third target 1.20
The chess kingTranchess (CHESS)
Tranchess is a protocol designed to enhance yields while offering diverse risk-return options for asset management. The idea for Tranchess emerged in early 2020, evolving rapidly into its present form. Drawing inspiration from tranche funds which cater to different investor risk preferences, Tranchess operates by creating multiple risk/return profiles from a single principal fund. This fund can track a single cryptocurrency like BTC, ETH, or BNB, or even a combination of various crypto assets.
CHESS serves as the governance token for the Tranchess protocol, where holders can earn it by staking QUEEN, BISHOP, or ROOK tokens. CHESS can be traded on exchanges like Binance and Pancake Swap. By locking CHESS, users generate veCHESS, which allows them to engage in weekly rebates and governance decisions within the Tranchess ecosystem.
Architecture and Specs
The Tranchess Protocol is designed to enhance yield by offering a range of risk-return solutions that diversify the risk/return profiles from a single primary fund tracking a specific underlying asset, like BTC. Here's an overview of the Tranchess Protocol architecture. Each module comprises multiple smart contracts to achieve the necessary functions. Everything is developed in-house, except for two contracts under the "Asset" category, which are adaptations from other protocols.
The Tranchess Fund Protocol operates as a collection of smart contracts that form its primary market framework. Here, an underlying asset serves as the foundation for creating tokenized equities known as the Main Tranche (designated as Token QUEEN). Token QUEEN itself can be subdivided into two specialized tranches: Token BISHOP, aimed at accruing interest with a yield that adjusts weekly based on market dynamics and governance decisions, and Token ROOK, which offers investors a 2x leverage opportunity without the peril of liquidation, optimizing for capital efficiency. The protocol conducts regular assessments of the net asset value (NAV) per share. Should the ratio of NAVROOK to NAVBISHOP exceed 2 or fall below 0.5, this triggers a rebalancing mechanism, uniformly adjusting share counts in all wallets to maintain equilibrium.
Tokenomics
Maximum Supply: 300 million
Community Incentives: 50%
Team: 20%
Future Investors: 15%
Ecosystem / Treasury: 10%
Seed Round: 5%
This token distribution reflects a strategy aimed at supporting the community, ensuring project development through the team, and attracting investments for future growth. The allocation of tokens between the team, investors, and the ecosystem is intended to ensure long-term interest from all parties in the project's success, while the emphasis on the community highlights the importance of users and participants in the CHESS ecosystem.
Fundraising
Tranchess has successfully completed a seed funding round, securing $1.5 million. This round was spearheaded by notable investors such as Three Arrows Capital and Spartan Group, with additional participation from Binance Labs, Longhash Ventures, IMO Ventures, and undisclosed opinion leaders.
Lead Investors: Three Arrows Capital, Spartan Group
Other Investors: Binance Labs, Longhash Ventures, IMO Ventures, anonymous opinion leaders
Vesting
As of today, all tokens have been unlocked!
GitHub
Tranchess is actively developing their smart contracts and related products. They have several repositories that include core contracts as well as tools to interact with QUEEN, BISHOP and ROOK tokens, indicating active development and support for the protocol.
Blockchain
As you can see, most of the token issuance is centered between the team, Binance and one of the leading funds. This greatly simplifies the model for pumping the asset. In addition to all this, the activity of the market maker GSR is noticed, which can skillfully pump up the price.
In addition, the wallets of other investment funds were also found. In total, the interested parties to the pumping of the asset have about 95% of the entire coin issue on their wallets.
Conclusion
We have a project in DeFi that is reborn and allows us to bypass taxation, to all this there are funds that are interested in pumping up the price. We have on board the fund (3AC) that needs price growth the most, we have a good GSR market maker, active developers and no distribution area that will be “drawn” by big capital! Be prepared for a booming growth, don't miss this chance.
Best wishes, Horban Brothers!
#CHESS Ready for a Massive Move or it Will Fall Further? Yello, Paradisers! Could #CHESS be gearing up for a breakout or is this a classic bull trap waiting for traders? Let’s break down the analysis of #Tranchess:
💎#CHESSUSDT has recently broken out above the descending resistance of the descending channel—a major technical milestone. This breakout provided bullish momentum but faced a profit-taking wave at the $0.28 supply zone. Currently, the asset is coming down to retest its key support.
💎The $0.2814–$0.3132 level stands as the immediate barrier for #CHESSUSD's sustained rally. A daily candle close above this zone would confirm a breakout, opening the doors for a potential bullish run toward the resistance levels at $0.4000–$0.4500. This zone has historically attracted significant selling pressure, so expect a battle between bulls and bears at these levels.
💎On the downside, the $0.1643–$0.1206 region is a critical demand zone for #CHESS. If prices fail to maintain momentum and retreat, this area is likely to provide strong support, offering buyers a potential re-entry opportunity.
💎A daily close below $0.1206 would invalidate the current bullish outlook. Such a move could trigger a deeper correction, driving prices toward sub-$0.1000 levels, effectively resetting the structure and catching over-leveraged longs off guard.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#CHESS/USDT#CHESS
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.1773 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.1830
The first goal is 0.1949
The second goal is 0.2000
The third goal is 0.2070
CHESS LOOKS BULLISHIt seems that the large diametric has finished. Now it has entered a valuable wave.
It can move towards the TPs while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHESS / CHESSUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
CHESS/USDT Gearing Up for a Bull Rally? 👀🚀 CHESS Analysis 💎Paradisers, turn your attention to #CHESSUSDT, as it's signaling a potential for a noteworthy move from a crucial demand level.
💎 #Tranchess is charting an upward course, indicating a likely bullish departure from its current demand zone. We're looking at a potential retest of the demand level at $0.17, with a significant supply zone on the horizon. If #CHESS holds firm above this mark, it may set the stage for an ascent toward the major supply zone at $0.26.
💎If #CHESS encounters difficulties in holding above the support level, a reassessment of our trading approach might be necessary. In that event, we would consider initiating a bullish movement from a lower bullish Order Block (OB).
💎Monitoring this level closely is essential, as dropping below it could initiate a considerable bearish trend.
💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic advice, ensuring you're primed to effectively tackle these market developments.
Tranchess (CHESS) completed setup for upto 25% pumpHi, dear friends hope you are well and welcome to the new trade setup of Tranchess (CHESS) token.
Recently we caught a almost 44% pump of CHESS as below:
Now on a 4-hr time frame, CHESS with BTC pair has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Tranchess (CHESS) formed bullish Butterfly for upto 49% pumpHi, dear friends hope you are well and welcome to the new trade setup of Tranchess (CHESS) token with BTC pair.
Our last successful trade of CHESS was as below:
Now on a daily time frame, CHESS has formed a bullish Butterfly for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade